To avoid any threat of penalties calculated based on late submissions, or late payments, we summarized the crucial deadlines for February 2022 that should be taken into consideration with respect to your business in the Czech Republic: 09.02. – Excise duty due date, excluding excise duty on alcohol for December 2021, 14.02. – Submission of […]
SAF-T_V7M/7K as of January 1, 2022 – What’s new?
We would like to inform you that from January 1, 2022, the new variants of the SAF-T_VAT logical structure with a declaration – SAF-T_V7M (2) for monthly reporting and SAF-T_V7K (2) for quarterly reporting, came into force. The updated file structures take into account not only a number of legal changes that came into force […]
A cash payment new limit postponed till 2023
The legislator does not cease to surprise and at the last moment introduced changes to the so-called “The Polish Deal”. The Act introducing the so-called “The Polish Deal” lowered, inter alia, the amount in cash payments in B2B transactions from PLN 15,000 to PLN 8,000 gross value (or the equivalent in a foreign currency) in […]
Changes in INTRASTAT thresholds from January 1, 2022
The President of the Central Statistical Office has accepted the statistical thresholds for 2022 in the INTRASTAT system. The thresholds in relation to 2021 have been changed in the detailed departure threshold, other thresholds remain unchanged. Values of statistical thresholds in the INTRASTAT system to be applied from January 1, 2022, are as follows: basic […]
New deadline for submitting INTRASTAT statistical declarations for December 2021
The Customs Department of the Ministry of Finance kindly informs that INTRASTAT statistical declarations for December 2021 may be submitted by the 15th day of the month following the reporting period. Submitting the statistical declaration for a given month between the 10th and 15th of the following month will not have any negative consequences for […]
Changes in INTRASAT reporting for DISPATCHES
As of 1 January 2022, entities submitting Intrastat declarations will face a change. Based on Regulation (EU) 2019/2152 of the European Parliament and of the Council of 27 November 2019 on European Economic Statistics, entities will be obliged to fill in additional data in DISPATCH declarations, i.e. information on the country of origin of goods […]
“The Polish Deal” lowered the limit for cash payments from PLN 15,000 to PLN 8,000
In the act dated on October 29, 2021, signed by the Polish President on November 15, 2021, amending the act on personal income tax, the act on corporate income tax, and some other acts, the so-called “The Polish Deal” was made also an amendment to the regulations of the Entrepreneurs’ Law, which cover a new […]
Tax calendar for December
To avoid any threat of penalties calculated based on late submissions, or late payments, we summarized the crucial deadlines for December that should be taken into consideration with respect to your business in the Czech Republic: Important dates in December are: 10.12. – Excise duty due date, excluding excise duty on alcohol for October 2021 […]
“The Polish Deal” and changes in the scope of the voluntary disclosure correcting SAF-T with declaration file
How is it now? As of October 1, 2020, the new electronic structure of SAF-T with declaration became effective for VAT taxpayers. The tax obligation provides for electronic submission of VAT settlements in one file, which simultaneously includes two structures – the declaration and the record parts. It means that a taxpayer who is correcting VAT […]
Lack of document IE-599 and possibility to apply 0% VAT rate in the export of goods
According to the Polish VAT Act regulations, every taxpayer who exports goods asks himself: Is he entitled to apply a 0% VAT rate in the lack of IE-599 document? The issue seems to be obvious, but in our view, it may raise doubts. In connection with the Polish VAT Act regulations, export of goods means […]